401 N Fant Anderson, SC 29621

401 N Fant St. is a well-positioned 4-plex investment property located in the booming downtown of Anderson, SC. Recent upgrades/improvements and quality tenants. Three of the four units are on long term leases and average $1,200/month/unit. The other unit is currently being operated as an AirBNB gro...ssing approx. $2,000/month. -NOI = $50,550 based on an assumption of $5,100/month in gross rental income (discounting AirBNB income to $1,500/month) -Asking Price = $575,000 = 8.8% cap rate -Yearly Expenses = $10,650 ($7,350 for property taxes, $2,400 for insurance, $900 for landscaping) Call with questions or to schedule a showing. Property is tenant occupied so notify listing agent before showing. Owner is licensed SC Real Estate Broker Continue reading